West African Resources Limited (ASX:WAF)

West African Resources Statistics

Total Valuation

ASX:WAF has a market cap or net worth of AUD 3.47 billion. The enterprise value is 3.63 billion.

Market Cap	3.47B
Enterprise Value	3.63B

Important Dates

The last earnings date was Monday, August 25, 2025.

Earnings Date	Aug 25, 2025
Ex-Dividend Date	n/a

Share Statistics

ASX:WAF has 1.14 billion shares outstanding. The number of shares has increased by 10.87% in one year.

Current Share Class	1.14B
Shares Outstanding	1.14B
Shares Change (YoY)	+10.87%
Shares Change (QoQ)	+0.93%
Owned by Insiders (%)	6.33%
Owned by Institutions (%)	61.32%
Float	1.06B

Valuation Ratios

The trailing PE ratio is 10.59 and the forward PE ratio is 6.21.

PE Ratio	10.59
Forward PE	6.21
PS Ratio	4.02
PB Ratio	2.38
P/TBV Ratio	2.40
P/FCF Ratio	n/a
P/OCF Ratio	11.77
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.19, with an EV/FCF ratio of -13.89.

EV / Earnings	11.09
EV / Sales	4.21
EV / EBITDA	7.19
EV / EBIT	8.48
EV / FCF	-13.89

Financial Position

The company has a current ratio of 1.78, with a Debt / Equity ratio of 0.30.

Current Ratio	1.78
Quick Ratio	1.24
Debt / Equity	0.30
Debt / EBITDA	0.85
Debt / FCF	-1.65
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 30.07% and return on invested capital (ROIC) is 16.42%.

Return on Equity (ROE)	30.07%
Return on Assets (ROA)	13.94%
Return on Invested Capital (ROIC)	16.42%
Return on Capital Employed (ROCE)	22.30%
Revenue Per Employee	1.18M
Profits Per Employee	449,199
Employee Count	729
Asset Turnover	0.45
Inventory Turnover	3.07

Taxes

In the past 12 months, ASX:WAF has paid 135.46 million in taxes.

Income Tax	135.46M
Effective Tax Rate	26.87%

Stock Price Statistics

The stock price has increased by +112.59% in the last 52 weeks. The beta is 0.94, so ASX:WAF's price volatility has been similar to the market average.

Beta (5Y)	0.94
52-Week Price Change	+112.59%
50-Day Moving Average	2.49
200-Day Moving Average	2.12
Relative Strength Index (RSI)	74.65
Average Volume (20 Days)	3,573,351

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, ASX:WAF had revenue of AUD 862.89 million and earned 327.47 million in profits. Earnings per share was 0.29.

Revenue	862.89M
Gross Profit	456.46M
Operating Income	428.54M
Pretax Income	504.16M
Net Income	327.47M
EBITDA	500.55M
EBIT	428.54M
Earnings Per Share (EPS)	0.29

Balance Sheet

The company has 279.24 million in cash and 430.90 million in debt, giving a net cash position of -151.67 million or -0.13 per share.

Cash & Cash Equivalents	279.24M
Total Debt	430.90M
Net Cash	-151.67M
Net Cash Per Share	-0.13
Equity (Book Value)	1.46B
Book Value Per Share	1.27
Working Capital	267.55M

Cash Flow

In the last 12 months, operating cash flow was 294.76 million and capital expenditures -556.29 million, giving a free cash flow of -261.53 million.

Operating Cash Flow	294.76M
Capital Expenditures	-556.29M
Free Cash Flow	-261.53M
FCF Per Share	-0.23

Margins

Gross margin is 52.90%, with operating and profit margins of 49.66% and 37.95%.

Gross Margin	52.90%
Operating Margin	49.66%
Pretax Margin	58.43%
Profit Margin	37.95%
EBITDA Margin	58.01%
EBIT Margin	49.66%
FCF Margin	n/a

Dividends & Yields

ASX:WAF does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-10.87%
Shareholder Yield	n/a
Earnings Yield	9.44%
FCF Yield	-7.54%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

ASX:WAF has an Altman Z-Score of 3.21 and a Piotroski F-Score of 5.

Altman Z-Score	3.21
Piotroski F-Score	5